Those are among nearly 200 flights Southwest is dropping nationwide, representing about 6 percent of its schedule. That's not as big a cutback as the Big Six legacy carriers have already announced, but it's another sign of how dire the airline industry's situation has become.

Southwest is still profitable, protected for now by smart fuel hedging, and appears to be in a good position to take market share from the Big Six. It's interesting that it's proceeding with such caution.

Meanwhile, Bradley's loss of capacity continues. That's just the way it's going right now.